UK Tuition Fee Hawala-Hundi Network Busted By FIA

Meanwhile, the Federal Investigation Agency has registered a case against four individuals accused of operating an illegal hawala-hundi network under the cover of transferring university tuition fees to the United Kingdom.

Key points

• The FIA's Currency Banking Circle in Islamabad registered the case after completing an inquiry introduced in 2024.
• FIA Arrests 50 More Foreign Nationals Running Illegal Call Centers in Islamabad.
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• After which the university returned the funds to an unidentified source in April 2024, according to the FIA, the suspects failed to provide the required information.
• The agency remarked it has arrested one of the suspects, Muhammad Mubashir, son of Muhammad Shabbir.

For context, the FIA's Currency Banking Circle in Islamabad registered the case after completing an inquiry introduced in 2024.

As amended in 2020, the case has been registered under Section 406 of the Pakistan Penal Code and Sections 5 and 23 of the Foreign Exchange Regulation Act, 1947. Govt Tightens Blue Passport Rules.

Notably, the agency remarked it has arrested one of the suspects, Muhammad Mubashir, son of Muhammad Shabbir.

According to the FIA, the suspects, Hamza Faisal, Abid Hussain Butt, Uzair Qureshi and Muhammad Mubashir, allegedly received Rs5.62 million from complainant Asad Ali, a resident of Bahria Town, Rawalpindi.

For context, the funds was allegedly collected on the pretext of paying the tuition fee of Ali's son, Shabih-ul-Hasan, at Lancaster University in the UK through official banking channels.

Nevertheless, the FIA investigation identified that the amount was allegedly transferred through an illegal hawala-hundi network instead of the authorised banking system.

In practice, the university's finance department afterwards asked for details of the person who had deposited the fee.

While further proceedings are underway, the investigation has been assigned to FIA Sub-Inspector Hassan. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover.

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For now, UK Tuition Fee Hawala remains the part of the story worth watching, and further updates are likely as more details are confirmed.